£150,991
This estimated value is based upon the latest sale price for the house of £94,000 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £94,000 | 5 Apr 2007 |
| £89,500 | 22 Jul 2005 |
| £69,000 | 26 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 489 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in April 2007 the House Price Index for KENT was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £94,000 results in an estimated price of approximately £150,991.
| 5 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £94,000 | £56,991 | £150,991 |
The Postcode Pricing Model uses changes in average sales price within the CT9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 38.797 % | £36,469 | £130,469 |
| 3 Month Average | 58.530 % | £55,018 | £149,018 |
| 6 Month Average | 64.199 % | £60,346 | £154,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £439,735 | £435,000 | THE GLEN DANESMEAD TERRACE |
| 3 Mar 2023 | £368,471 | £365,000 | 15 DANESMEAD TERRACE |
| 5 Aug 2022 | £489,682 | £491,000 | 3 ADDINGTON ROAD |
| 8 Jul 2022 | £416,120 | £415,000 | 81 VICTORIA ROAD |
| 16 Jun 2022 | £223,154 | £220,000 | UPPER FLAT 97 VICTORIA ROAD |
This house has a floor area of 45 sq meters or 489 sq feet when measured on 19 Jan 2009. Using an estimated price of £150,991 means this house is valued at £3,318 per sq meter (£308 per sq foot).
The average size of a house on VICTORIA ROAD is 91 sq meters (981 sq feet).